Actuarial Analyst: Hybrid, Training & Growth

Tesco Insurance; Reigate; Hybrid; GBP 38,000 - 48,000; Full time

Benefits offered by this job

Pension

Virtual GP

Annual bonus

Holiday entitlement

Staff discount

Flexible working

Job summary

Tesco Insurance in Reigate is recruiting an Actuarial Analyst to begin an actuarial career in a supportive environment. You will work with experienced actuaries and analysts, developing technical and commercial skills while supporting financial reporting and business management activities.

Through structured training, on-the-job learning and study support, you’ll gain exposure to reserving, data analysis, modelling and forecasting, collaborating with stakeholders across the business.

Qualifications

• A degree in a numerate subject such as Mathematics, Statistics, Actuarial Science, Economics, Engineering, Physics or a related discipline.
• Strong numerical and analytical skills.
• Interest in pursuing a professional actuarial qualification through the IFoA (or equivalent).

Responsibilities

• Reserving and reporting: Delivering reserving analyses for Motor and Home insurance, and contributing to IFRS 17/Solvency II reporting.
• Data management and analysis: Processing and analysing claims and policy data with high data quality and governance.
• Actuarial modelling and methods: Developing, maintaining and validating models and data requirements.
• Insights and decision support: Producing actuarial insights to support business decisions.
• Process improvement: Supporting improvements to reserving and reporting processes and systems.
• Collaboration and stakeholder engagement: Working with Underwriting, Risk, Claims, Finance and others to embed actuarial function.

Skills

Numerical ability

Analytical thinking

Communication skills

Teamwork

Problem solving

Education

Degree in Mathematics/Statistics/Actuarial Science

Tools

Python

R

SAS

SQL

Power BI

Job description

Tesco Insurance in Reigate is recruiting an Actuarial Analyst to begin an actuarial career in a supportive environment. You will work with experienced actuaries and analysts, developing technical and commercial skills while supporting financial reporting and business management activities.

Through structured training, on-the-job learning and study support, you’ll gain exposure to reserving, data analysis, modelling and forecasting, collaborating with stakeholders across the business.